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Nathan's Famous (Nathan's Famous) Cyclically Adjusted Book per Share : $-14.43 (As of Dec. 2023)


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What is Nathan's Famous Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Nathan's Famous's adjusted book value per share for the three months ended in Dec. 2023 was $-8.564. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $-14.43 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -35.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Nathan's Famous was 7.20% per year. The lowest was -62.30% per year. And the median was 1.20% per year.

As of today (2024-04-27), Nathan's Famous's current stock price is $64.62. Nathan's Famous's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $-14.43. Nathan's Famous's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nathan's Famous was 237.13. The lowest was 4.38. And the median was 8.71.


Nathan's Famous Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nathan's Famous's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nathan's Famous Cyclically Adjusted Book per Share Chart

Nathan's Famous Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.43 -5.08 -7.00 -9.98 -12.65

Nathan's Famous Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.92 -12.65 -13.31 -13.95 -14.43

Competitive Comparison of Nathan's Famous's Cyclically Adjusted Book per Share

For the Restaurants subindustry, Nathan's Famous's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nathan's Famous's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Nathan's Famous's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nathan's Famous's Cyclically Adjusted PB Ratio falls into.



Nathan's Famous Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Nathan's Famous's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-8.564/129.4194*129.4194
=-8.564

Current CPI (Dec. 2023) = 129.4194.

Nathan's Famous Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.794 99.695 12.714
201406 10.444 100.560 13.441
201409 11.264 100.428 14.516
201412 11.820 99.070 15.441
201503 -13.011 99.621 -16.903
201506 -13.999 100.684 -17.994
201509 -13.900 100.392 -17.919
201512 -14.987 99.792 -19.436
201603 -17.316 100.470 -22.305
201606 -16.909 101.688 -21.520
201609 -16.267 101.861 -20.668
201612 -16.119 101.863 -20.480
201703 -15.920 102.862 -20.030
201706 -15.225 103.349 -19.066
201709 -14.436 104.136 -17.941
201712 -20.321 104.011 -25.285
201803 -20.210 105.290 -24.842
201806 -19.801 106.317 -24.104
201809 -18.924 106.507 -22.995
201812 -17.145 105.998 -20.933
201903 -16.723 107.251 -20.180
201906 -15.413 108.070 -18.458
201909 -14.892 108.329 -17.791
201912 -15.230 108.420 -18.180
202003 -16.034 108.902 -19.055
202006 -15.873 108.767 -18.887
202009 -15.328 109.815 -18.064
202012 -15.341 109.897 -18.066
202103 -15.183 111.754 -17.583
202106 -14.126 114.631 -15.948
202109 -13.608 115.734 -15.217
202112 -13.438 117.630 -14.785
202203 -13.362 121.301 -14.256
202206 -12.397 125.017 -12.834
202209 -11.632 125.227 -12.021
202212 -11.267 125.222 -11.645
202303 -10.923 127.348 -11.101
202306 -9.614 128.729 -9.666
202309 -8.670 129.860 -8.641
202312 -8.564 129.419 -8.564

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Nathan's Famous  (NAS:NATH) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nathan's Famous was 237.13. The lowest was 4.38. And the median was 8.71.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Nathan's Famous Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Nathan's Famous's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Nathan's Famous (Nathan's Famous) Business Description

Industry
Traded in Other Exchanges
Address
One Jericho Plaza, Second Floor - Wing A, Jericho, NY, USA, 11753
Nathan's Famous Inc is an owner of fast food franchises in the United States. The company's reportable segment includes the Branded Product Program, Product licensing, Restaurant operations and Corporate. Branded Product Program derives revenue principally from the sale of hot dog products either directly to foodservice operators or to various foodservice distributors who resell the products to foodservice operators. It generates maximum revenue from the Branded Product Program segment. Geographically, it derives a majority of revenue from the United States.
Executives
Brian S Genson director
Joanne Podell director ONE JERICHO PLAZA, JERICHO NY 11753
Robert E Steinberg officer: VP Finance, CFO, Treasurer NATHAN'S FAMOUS INC., ONE JERICHO PLAZA, JERICHO NY 11753
Andrew M Levine director C/O NATHAN'S FAMOUS, INC., ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Ronald G Devos officer: VP-Fin, CFO and Secy
James Robert Walker officer: SVP, Restaurants C/O NATHAN'S FAMOUS, INC., ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Robert J Eide director 70 EAST SUNRISE HIGHWAY STE 415, VALLEY STREAM NY 11581
Randy Watts officer: VP - Franchise Operations 1400 OLD COUNTRY ROAD, SUITE 400, WESTBURY NY 11590
Leigh Platte officer: Vice President, Food Service C/O NATHAN'S FAMOUS, INC., ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Scott F. Harvey officer: Executive Vice President ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Donald P Schedler officer: Vice President
Barry Leistner director
Wayne Norbitz director, officer: President
Donald L Perlyn director, officer: Executive Vice President
Howard M Lorber director, 10 percent owner, officer: Executive Chairman 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137

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